What would right wing media be saying about the Biden admin if.............

[berg80]

........jobs numbers had been revised downward to this degree?

The July jobs report showed nonfarm payrolls expanded by 73,000 last month, well beneath the consensus estimate from economists polled by Dow Jones that called for a 100,000 increase to payrolls. Prior months were significantly revised down. June job growth totaled just 14,000, down from 147,000. The May count came down to 19,000 from 125,000, signaling the labor market has been weakening for a while now.
https://www.cnbc.com/2025/07/31/stock-market-today-live-updates.html

It would be saying Biden lied to hide a weakening economy.

 

[White 6]

........jobs numbers had been revised downward to this degree?

The July jobs report showed nonfarm payrolls expanded by 73,000 last month, well beneath the consensus estimate from economists polled by Dow Jones that called for a 100,000 increase to payrolls. Prior months were significantly revised down. June job growth totaled just 14,000, down from 147,000. The May count came down to 19,000 from 125,000, signaling the labor market has been weakening for a while now.
https://www.cnbc.com/2025/07/31/stock-market-today-live-updates.html

It would be saying Biden lied to hide a weakening economy.

What? Politicians and political administrations lie or gladly publish rosy assessments? Surely you jest.

 

[rightwinger]

73,000 is anemic

No way to put a positive spin on it

 

[kyzr]

Those job numbers are welcomed by Trump, it shows/proves that the Fed is too late cutting rates.

 

[berg80]

What? Politicians and political administrations lie or gladly publish rosy assessments? Surely you jest.

Employers continued to create jobs but pulled back on hiring, a sign that more businesses are putting expansion plans on hold as they deal with economic uncertainty created by President Trump.

The economy added 73,000 jobs last month, the Labor Department reported on Friday, lower than economists’ expectations. The unemployment rate slightly rose to 4.2 percent, up from 4.1 percent the month before.

https://www.nytimes.com/2025/08/01/us/politics/jobs-report-us-economy.html

 

[kyzr]

73,000 is anemic
No way to put a positive spin on it

Sure there is, the Fed is too late with rate cuts. Trump is always right.

 

[Auld Phart]

here's an idea.

check the dates on some of these links, and look up what they did say.

biden job numbers revised down - Yahoo Search Results

looks like numbers were revised downward several times under Biden.

 

[berg80]

Those job numbers are welcomed by Trump, it shows/proves that the Fed is too late cutting rates.

Today's tariff madness shows the Fed was right to wait to see the impact of erratic tariffs on inflation.

 

[berg80]

Trump is always right.

 

[Mac1958]

Employers are waiting to see how this tariff thing is going to shake out.

If things don't go south, they'll turn around. It'll be a little while, though.

 

[Mac1958]

So Trump and his Trumpsters are going to blame Powell if the shit hits the fan.

They have no understanding whatsoever of why the Fed hasn't cut rates yet. As obvious as the reason is.

Aggressive ignorance. That's MAGA.

 

[kyzr]

Today's tariff madness shows the Fed was right to wait to see the impact of erratic tariffs on inflation.

Not tariff madness, a trade re-balancing to be more fair. Tariffs don't affect inflation.
The Fed should have cut the rate by now, the neutral rate is 2.75% to 3%.

 

[berg80]

Employers continued to create jobs but pulled back on hiring, a sign that more businesses are putting expansion plans on hold as they deal with economic uncertainty created by President Trump.

Gee, what could be causing uncertainty?

 

[berg80]

So Trump and his Trumpsters are going to blame Powell if the shit hits the fan.

They have no understanding whatsoever of why the Fed hasn't cut rates yet. As obvious as the reason is.

Aggressive ignorance. That's MAGA.

It's why trump has been complaining about Powell for months. He set Powell up as the fallguy for the effects of his tariff idiocy.

 

[luiza]

73,000 is anemic

No way to put a positive spin on it

100% positive for The Trumpfy .
They probably massaged the figures but he will get an interest rate cut next month .
On your bike Powell !!

If you want a re-set you must have higher inflation and as weak a dollar as is possible .

The Corrupt left will be unable to stop him because he can pick and choose whom to arrest and even send in troops into so called Sanctuary Cities if Soros and Gates money has not been cut off .

Looks like a plan .

 

[Mac1958]

It's why trump has been complaining about Powell for months. He set Powell up as the fallguy for the effects of his tariff idiocy.

I hadn't thought of that.

Trump is indeed stupid, but I refuse to believe that he's so stupid that he thinks rates can be slashed right now.

I really don't want to believe that.

 

[TemplarKormac]

........jobs numbers had been revised downward to this degree?

The July jobs report showed nonfarm payrolls expanded by 73,000 last month, well beneath the consensus estimate from economists polled by Dow Jones that called for a 100,000 increase to payrolls. Prior months were significantly revised down. June job growth totaled just 14,000, down from 147,000. The May count came down to 19,000 from 125,000, signaling the labor market has been weakening for a while now.
https://www.cnbc.com/2025/07/31/stock-market-today-live-updates.html

It would be saying Biden lied to hide a weakening economy.

 

[BluesLegend]

Not tariff madness, a trade re-balancing to be more fair. Tariffs don't affect inflation.
The Fed should have cut the rate by now, the neutral rate is 2.75% to 3%.

Trump just scored another $1.1 TRILLION win for American workers in the EU deal. Pretty sure tariffs are crushing it for America!

 

[kyzr]

So Trump and his Trumpsters are going to blame Powell if the shit hits the fan.
They have no understanding whatsoever of why the Fed hasn't cut rates yet. As obvious as the reason is.
Aggressive ignorance. That's MAGA.

Trying to blame tariffs for inflation is bullshit. Prove tariffs cause inflation, never happened.

​

I hadn't thought of that.
Trump is indeed stupid, but I refuse to believe that he's so stupid that he thinks rates can be slashed right now.
I really don't want to believe that.

The US is at 4.5% and the EU is at 2%. Trump is right, Powell is wrong.

"The European Central Bank (ECB) has recently held its key interest rate steady at 2% amid economic uncertainty and trade tensions, signaling a potential pause in its cycle of rate cuts. This decision comes as the ECB assesses the impact of tariffs and aims to maintain stability in the eurozone economy."

 

[Slade3200]

Sure there is, the Fed is too late with rate cuts. Trump is always right.

I thought the goal was to fight inflation? Cutting rates does the opposite of that, right?